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Bellatrix Exploration (STU:2BX2) Cyclically Adjusted PS Ratio : (As of Jun. 16, 2024)


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What is Bellatrix Exploration Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bellatrix Exploration Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bellatrix Exploration's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bellatrix Exploration Cyclically Adjusted PS Ratio Chart

Bellatrix Exploration Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PS Ratio
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Bellatrix Exploration Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Bellatrix Exploration's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Bellatrix Exploration's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bellatrix Exploration's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Bellatrix Exploration's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bellatrix Exploration's Cyclically Adjusted PS Ratio falls into.



Bellatrix Exploration Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Bellatrix Exploration's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, Bellatrix Exploration's adjusted Revenue per Share data for the three months ended in Sep. 2019 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=0.628/107.6113*107.6113
=0.628

Current CPI (Sep. 2019) = 107.6113.

Bellatrix Exploration Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200912 4.329 90.703 5.136
201003 13.199 91.335 15.551
201006 15.186 91.809 17.800
201009 16.740 92.362 19.504
201012 36.724 92.836 42.569
201103 17.603 94.338 20.080
201106 19.211 94.654 21.841
201109 20.501 95.286 23.153
201112 23.862 94.970 27.038
201203 21.168 96.155 23.690
201206 22.201 96.076 24.867
201209 23.496 96.392 26.231
201212 27.250 95.760 30.623
201303 29.168 97.103 32.325
201306 26.829 97.182 29.708
201309 23.459 97.419 25.913
201312 26.595 96.945 29.521
201403 32.061 98.604 34.990
201406 30.634 99.473 33.140
201409 28.650 99.394 31.019
201412 30.752 98.367 33.642
201503 20.018 99.789 21.587
201506 20.092 100.500 21.514
201509 17.118 100.421 18.344
201512 16.198 99.947 17.440
201603 13.031 101.054 13.877
201606 12.976 102.002 13.690
201609 10.798 101.765 11.418
201612 11.486 101.449 12.184
201703 10.439 102.634 10.945
201706 12.604 103.029 13.165
201709 10.259 103.345 10.683
201712 11.646 103.345 12.127
201803 10.682 105.004 10.947
201806 9.147 105.557 9.325
201809 7.572 105.636 7.714
201812 7.083 105.399 7.232
201903 7.016 106.979 7.057
201906 1.726 107.690 1.725
201909 0.628 107.611 0.628

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Bellatrix Exploration  (STU:2BX2) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Bellatrix Exploration Cyclically Adjusted PS Ratio Related Terms

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Bellatrix Exploration (STU:2BX2) Business Description

Traded in Other Exchanges
N/A
Address
800 5th Avenue SW, Suite 1920, Calgary, AB, CAN, T2P 3T6
Bellatrix Exploration Ltd is a Canada-based oil and gas company, engaged in the exploration, acquisition, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan. It primarily focuses on developing its two core resource plays, the Cardium and the Notikewin/Falher intervals in Western Canada. The Notikewin/Falher in Alberta's deep basin boasts abundant, liquids-rich natural gas with compelling economics. The Cardium is a highly economic investment that has the potential to add substantial reserves, production, and long-term economic value for its shareholders. Bellatrix derives revenue from the sale of petroleum and natural gas.

Bellatrix Exploration (STU:2BX2) Headlines

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